Employee Fringe Benefits Sample Clauses

Employee Fringe Benefits. Employee shall be eligible to participate in all employee benefit programs and fringe benefits (including, but not limited to, medical, dental, vision, life, accidental death and dismemberment, travel, accident and short-term/long-term disability insurance plans or programs, paid time-off, paid holidays, etc.) generally made available to executive employees of the Company, subject to any and all terms, conditions, and eligibility requirements for said programs and benefits, as may from time to time be prescribed by the Company. The Company may alter, modify, add to or delete its employee benefit plans at any time as it determines in its sole discretion.
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Employee Fringe Benefits. Participation in Employer’s employee fringe benefit programs in effect from time to time for employees at comparable levels of responsibility. Participation will be in accordance with any applicable policies adopted by Employer. Employee shall be entitled to vacations, absences for illness, and to similar benefits of employment, and shall be subject to such policies and procedures as may be adopted by Employer. Without limiting the generality of the foregoing, it is initially anticipated that such benefits of employment shall include four (4) weeks vacation during each 12-month period of employment with Employer (which shall accrue monthly on a PRO RATA basis and which shall be carried forward for a period not to exceed three (3) years and otherwise in accordance with Employer’s policies); major medical and health insurance; life and disability insurance; and stock option plans for employees and members of the Board of Directors. Employer further agrees that in the event it offers disability insurance to its employees, Employer shall arrange for Employee to be covered by similar insurance.
Employee Fringe Benefits. 15.1 All Employees who are regularly assigned a minimum of 50 percent (i.e., 1/2) of full time equivalency (FTE) shall receive the following fringe benefits as set forth in the applicable policy.
Employee Fringe Benefits. 1. As of July 1, 2007, the District's share of any health insurance premiums will be limited to a maximum of $500.00 per month per single employee, and $600 per month for an employee with covered dependents. Premium amounts in excess of the limit will be collected from enrolled employees via payroll deductions submitted by the District to the insurance companies. 2. Benefits for new part-time unit members shall be pro-rated for employees working 50% or more. An employee who was part-time on March 9, 1999 (the date of the original agreement), however, shall continue to receive a contribution for benefits on the same basis as a full-time employee, provided he/she remains a part-time employee and remains at least 50%. Any full-time employee who voluntarily reduces to less than full-time status shall have benefits appropriately pro-rated. 3. Bargaining unit members may voluntarily participate in the IRS Section 125 plan. 4. During the term of this contract, the District may, with input and concurrence of the Association Policy Advisory Committee, obtain insurance bids and change companies, so long as the overall benefit levels are substantially the same or better than those provided in the current health and dental insurance plans. a. Implementation of new programs and/or new insurers would not be immediate but would be implemented as soon as possible within existing job demands and dollar limitations. 5. In Lieu of Insurance a. Effective July 1, 2007, the employee payment in lieu of medical insurance coverage shall be capped at the 2006/2007 rate. The District shall make a monthly payment equal to half of the lowest health insurance premium in effect on July 1, 2006, ($175.17) to those eligible unit employees electing not to enroll in any of the major health insurance plans offered by the District. It is the employee’s responsibility that they have adequate health insurance before undertaking this option.
Employee Fringe Benefits. 10.11.1 As of July 1, 2007, the District's share of any health insurance premiums will be limited to a maximum of $500.00 per month per single employee, and $600 per month for an employee with covered dependents. Premium amounts in excess of the limit will be collected from enrolled employees via payroll deductions submitted by the District to the insurance companies. 10.11.2 Benefits for new part-time unit members shall be pro-rated for employees working 50% or more. An employee who was part-time on March 9, 1999 (the date of the original agreement), however, shall continue to receive a contribution for benefits on the same basis as a full-time employee, provided he/she remains a part-time employee and remains at least 50%. Any full-time employee who voluntarily reduces to less than full-time status shall have benefits appropriately pro-rated.
Employee Fringe Benefits. A. Medical Insurance: The City will contribute that amount toward each participating employee’s monthly medical premium as it contributes for the majority of other City employees.
Employee Fringe Benefits. FBLC shall include costs for insurance, vacation, holiday, other paid absences, disability, sickness, health, welfare and dental coverage, life insurance and travel insurance and worker’s compensation, employee savings, and investment plans, pension costs accrued and other employee benefits paid by Contractor.
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Employee Fringe Benefits. ‌ 1. The District shall continue to provide unemployment insurance at no cost to employees covered hereunder. 2. Employees required to provide transportation in the performance of job functions, including transportation from one school site to another school site or when called back, shall be reimbursed at current Internal Revenue Service allowable mileage rate. 3. The annual allotment for health and welfare benefits shall be based upon the standard workday and standard work year. The standard workday shall be eight (8) hours, exclusive of lunch. The standard work year shall be 180 days. Employees who work less than the standard day or year shall receive a pro rata share of such benefits. 4. The pay period following the Board approval of the ratified agreement, the District’s 3 tier cap proposal shall provide each unit member working the standard workday and work year with a maximum of $941 per month for the sole purpose of District offered medical, dental and vision coverage for tier one (employee only coverage), tier 2 (employee + one coverage) shall receive $1,238 per month, and tier 3 (family coverage) shall receive $1,708 per month until December 31, 2022 and then starting January 1, 2023 up to an additional fifty dollars ($50) to cover the anticipated increase in 2023 health care rates. To be eligible for dental and/or vision coverage a unit member need not be enrolled in a District offered medical plan. Effective July 1, 2017, cash-in-lieu of medical benefits will no longer be an option. The cash-in-lieu of medical benefits will be converted into salary for our unit members. The conversion will be a three dollar ($3) increase in hourly wage to be added to each step on each range of the CSEA Salary Schedule. Members hired prior to May 17, 1993 will receive an additional one dollar ($1) per hour of work on a separate payment. If other units receive a larger combined adjustment to the benefit cap CSEA will receive the same amount. 5. Participation in health and welfare plans approved by the District shall be based solely upon employment in the District and acceptance by the carrier. 6. New employees shall have thirty (30) days in which to sign up for participation. Prior to the end of the sign-up period (open period) for benefits offered hereunder, unit members shall be informed in writing of the need to sign up and the deadline for doing so. 7. Unit members may enroll in Section 125 plan. 8. Unit members not enrolled in the District medical plan may e...
Employee Fringe Benefits. Employee shall be eligible to participate in all employee benefit programs and fringe benefits (including, but not limited to, medical, dental, vision, life, accidental death and dismemberment, travel, accident and short-term/long-term disability insurance plans or programs, paid time-off, paid holidays, etc.) generally made available to executive employees of the Company, subject to any and all terms, conditions, and eligibility requirements for said programs and benefits, as may from time to time be prescribed by the Company.
Employee Fringe Benefits. Employee shall be eligible to participate in all employee benefit programs and fringe benefits (including, but not limited to, medical, dental, vision, life, accidental death and dismemberment, travel, accident and short-term/long-term disability insurance plans or programs, as may be in effect from time to time) as provided by the Company to executive employees, subject to any and all terms, conditions, and eligibility requirements for said programs and benefits, as may from time to time be prescribed by the Company. The Company shall, at the option of the Employee, either (i) pay Employee a $1,250.00 per month car allowance, or (ii) provide a Company-pool car for Employee's business use. In the event that an automobile is provided as set forth in (ii) above, the Company shall pay for all insurance, taxes, tag fees, gasoline, repairs, maintenance, oil and lease related charges associated with damages. Employee acknowledges and agrees that the Company automobile allowance in (i) above represents a taxable fringe benefit which the Company is obligated to include in the Employee's wages for income and employment tax purposes.
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